Waste Connections delivered strong Q3 2025 results with adjusted EBITDA margins reaching 33.8%, driven by solid waste pricing improvements and effective cost management, amid a challenging economic backdrop.

• Revenue growth of 6.3% in solid waste pricing, with adjusted EBITDA margins up 100 basis points year-over-year.
• Successful M&A activity, generating approximately $300 million in annualized revenues, enhancing market position.
• Consecutive record low safety incident rates and reduced employee turnover, indicating a robust operational foundation.
• 11.1% increase in quarterly cash dividend reflects commitment to returning capital to shareholders, marking 15 years of double-digit annual dividend growth.
• Significant progress towards sustainability targets, with a 19% reduction in emissions and improved employee engagement metrics driving long-term value creation.